NEWS STORY : Government extends Plug-in Truck Grant with £18m boost, offering up to £120,000 off electric lorries

STORY

Hauliers and fleet operators will be able to claim discounts of up to £120,000 on new electric lorries after the government announced an extra £18 million to extend the Plug-in Truck Grant until March 2026. The Department for Transport said the move is designed to cut the higher upfront cost of going electric and help firms benefit from lower day-to-day running costs compared with diesel vehicles.

Ministers said the funding sits within a wider £318 million green freight investment package aimed at reducing emissions while supporting growth and jobs. Under the updated grant levels, smaller trucks (4.25t to 12t) can receive up to £20,000, mid-sized trucks (12t to 18t) up to £60,000, larger trucks (18t to 26t) up to £80,000 and the biggest lorries (26t and over) up to £120,000.

Alongside the grant extension, the government said it will launch a consultation on a regulatory roadmap to phase out the sale of new non-zero emission HGVs by 2040, which it said is intended to give industry more certainty to plan investments.